Latest onshore oil production – August 2022
DrillOrDrop’s review of the latest UK onshore oil data, for August 2022: Horse Hill production recovers as key onshore figures rise.
DrillOrDrop’s review of the latest UK onshore oil data, for August 2022: Horse Hill production recovers as key onshore figures rise.
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
Egdon Resources said today it was “likely” to appeal against the refusal of planning permission for drilling and production at Biscathorpe in the Lincolnshire Wolds.
The operator of the Wressle oil well in North Lincolnshire said initial production exceeded 884 barrels of oil per day (bopd).
Union Jack Oil has raised £7m for work at oil sites in the East Midlands and future acquisitions.
Union Jack Oil announced this morning it had increased its interest in the Biscathorpe oil site in Lincolnshire.
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
Union Jack Oil said this morning it had acquired an extra 35% stake in the Keddington oilfield in Lincolnshire.
The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.